'I'm cutting down on wasteful expenses'

We asked you, dear readers, to tell us how you are preparing yourself for the dark economic days ahead.
Management professional Shajan Samuel shares his story:

COVID-19 has helped us reorient ourselves; I have become more frugal in spending.

I have stopped shopping and splurging on clothes.

Instead, I have allocated money towards EMI and am cutting down on wasteful expenses.

I am focusing on the essentials and taking care of my health.

I am taking care not to worry too much about the future and living in the moment. I feel 7 hours of sleep is essential for good health.

Illustration: Dominic Xavier/Rediff.com

How are you financially preparing for the dark days ahead?

Share your plans with us at getahead@rediff.co.in. Do share your name, age and profession with us. Please mention MY POST-COVID FINANCIAL PLAN in the subject line.